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Technical Assistance (TA) is NDC's core service - the service that makes NDC professionals part of the working community development team, not consultants. And "working" is the operative word -- not doing studies, not writing abstract reports -- just getting down to the business of creating and running programs and building projects.
Whatever the community or economic development goal -- job creation, community investment, affordable housing, small business development - every TA client expects and gets expert guidance from our professional staff, working in any location in the U.S. - rural or urban, large city or small town.
NDC staff come from careers in both the public and private sectors. They understand the needs and concerns of both. We build bridges linking the finance community, the city, and neighborhoods, and bring together public sector resources with financing from banks or other private investors.
TA for development projects, or economic development
or business finance programs
Development Project TA covers:
- Evaluation of sponsor/developer capacity
- Financial review and structuring
- Review of appraisals, cost assumptions, capital budgets, operating statements, marketing data and funding commitments
- Advising on equity requirements, sources, and structuring
Identifying and securing other funding sources as needed
- Assisting with development issues during both predevelopment and development phases
- Negotiating with investors, lenders and developers
- Structuring loan documents and development agreements
- Advising on regulatory and administrative issues
Economic Development Finance or Business Finance Program TA covers:
- Program goals
- Eligibility criteria
- Underwriting guidelines
- Program documents
- Intake, application and approval processes
- Program operations
Internal administration
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